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What Makes a Successful Startup Community? Is it Possible to Build One Where You Live?

Both Sides of the Table

I’ve had this conversation with several communities such as in San Diego where I believe there are way more qualified and talented engineers than available local capital to support them. Actually, there is tons of wealth in San Diego but it isn’t organized well to support them. Otherwise, good luck!

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Bio Roundup: Drug Pricing, Cystic Fibrosis Showdown, Myovant & More

Xconomy

THIS WEEK IN DRUG PRICING…. —A coalition of investors pressed drug makers to justify price increases. The group filed shareholder resolutions with 11 companies and cited a Kaiser Family Foundation poll that cited Americans’ concerns over drug prices. DEALS AND FUNDINGS. Here’s more from Forbes.

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Bio Roundup: Theranos Cuts, Alnylam Stops, Nobel Eats Its Own & More

Xconomy

coast bearing the brunt of Hurricane Matthew, we send our thoughts and more to those who have more pressing matters to worry about this week. military’s high-tech think tank DARPA described Safe Genes, a new program to fund safety measures that can be built into genome editing technology or counter its potential wayward effects.

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Biotech Roundup: Moonshots, Pink Slips, Gilead, Brexit & More

Xconomy

At the gathering, Biden took verbal shots at scofflaw cancer researchers and at drug prices, while the FDA said it would take a shot at restructuring the way it evaluates oncology products. Gilead Sciences has been a target of drug-price criticism for its hepatitis C treatments, but it dialed back the price of its new one.

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Interview with Bryan Hertz, VoxOx

socalTECH

Telcentris is based in San Diego. Those networks also tend to come and go--just look at MySpace, which was huge, and now it's just been purchased for a tenth of the price it was sold for last. On a different topic, how's the company funded? Bryan Hertz: So far, we've been funded by private, family office investors.

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Startup M&A: Why a Letter of Intent Deserves Your Full Attention

Xconomy

First, let’s cover basic components you’d see in a letter of intent for a startup M&A deal: — The sticker price : The cost to acquire the target. — Price adjustments : Possible reductions (due to debt or liabilities exceeding assets) or increases (based on financial performance).

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Some Thoughts on Leadership Going into 2016

Both Sides of the Table

We want to invest in early-stage technology enabled startup businesses – upfront in the funding cycle. In fact, 50% of our investments are in Southern California, from Santa Barbara to San Diego. We like to hire people and fund people who are deeply ethical and we try to be long-term in our investment thinking.

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